Yext Inc (YEXT) CEO Howard Lerman Sells 30,000 Shares

Share on StockTwits

Yext Inc (NYSE:YEXT) CEO Howard Lerman sold 30,000 shares of the stock in a transaction that occurred on Monday, March 18th. The stock was sold at an average price of $22.87, for a total transaction of $686,100.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Howard Lerman also recently made the following trade(s):

  • On Thursday, March 14th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $22.75, for a total transaction of $682,500.00.
  • On Monday, March 11th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $23.04, for a total transaction of $691,200.00.
  • On Tuesday, March 5th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $19.37, for a total transaction of $581,100.00.
  • On Wednesday, February 27th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $18.18, for a total transaction of $545,400.00.
  • On Thursday, February 21st, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $18.20, for a total transaction of $546,000.00.
  • On Friday, February 15th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $17.99, for a total transaction of $539,700.00.
  • On Thursday, February 7th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $17.12, for a total transaction of $513,600.00.
  • On Friday, February 1st, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $15.71, for a total transaction of $471,300.00.
  • On Wednesday, January 30th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $15.01, for a total transaction of $450,300.00.
  • On Friday, January 25th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $14.76, for a total transaction of $442,800.00.

NYSE:YEXT opened at $22.12 on Friday. Yext Inc has a 52 week low of $12.10 and a 52 week high of $27.19. The company has a market capitalization of $2.26 billion, a P/E ratio of -29.11 and a beta of 0.89.

Yext (NYSE:YEXT) last released its quarterly earnings data on Wednesday, March 6th. The company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.06. Yext had a negative return on equity of 101.77% and a negative net margin of 34.74%. The firm had revenue of $63.80 million for the quarter, compared to the consensus estimate of $62.77 million. During the same quarter in the prior year, the company posted ($0.10) earnings per share. The firm’s revenue was up 32.9% on a year-over-year basis. Analysts expect that Yext Inc will post -0.84 EPS for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in YEXT. Bank of New York Mellon Corp increased its holdings in Yext by 431.8% in the second quarter. Bank of New York Mellon Corp now owns 373,507 shares of the company’s stock worth $7,224,000 after buying an additional 303,271 shares during the last quarter. State Board of Administration of Florida Retirement System grew its holdings in Yext by 13.2% during the third quarter. State Board of Administration of Florida Retirement System now owns 30,986 shares of the company’s stock valued at $734,000 after purchasing an additional 3,610 shares during the last quarter. Wells Fargo & Company MN grew its holdings in Yext by 4.6% during the third quarter. Wells Fargo & Company MN now owns 88,458 shares of the company’s stock valued at $2,097,000 after purchasing an additional 3,897 shares during the last quarter. Dupont Capital Management Corp acquired a new position in Yext during the third quarter valued at approximately $703,000. Finally, Commonwealth Equity Services LLC grew its holdings in Yext by 47.0% during the third quarter. Commonwealth Equity Services LLC now owns 48,810 shares of the company’s stock valued at $1,156,000 after purchasing an additional 15,613 shares during the last quarter. Hedge funds and other institutional investors own 53.71% of the company’s stock.

YEXT has been the topic of a number of research reports. Morgan Stanley increased their price objective on Yext from $15.00 to $16.00 and gave the stock an “underweight” rating in a report on Thursday, March 7th. SunTrust Banks restated a “buy” rating and issued a $28.00 price objective on shares of Yext in a report on Friday, December 14th. KeyCorp restated a “hold” rating on shares of Yext in a report on Thursday, November 29th. Oppenheimer initiated coverage on Yext in a report on Thursday, January 24th. They issued an “outperform” rating and a $23.00 price objective on the stock. Finally, DA Davidson dropped their price objective on Yext to $24.00 and set a “buy” rating on the stock in a report on Monday, December 3rd. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $23.00.

TRADEMARK VIOLATION WARNING: “Yext Inc (YEXT) CEO Howard Lerman Sells 30,000 Shares” was published by Ticker Report and is the sole property of of Ticker Report. If you are accessing this article on another website, it was stolen and republished in violation of US and international trademark & copyright legislation. The correct version of this article can be read at https://www.tickerreport.com/banking-finance/4239905/yext-inc-yext-ceo-howard-lerman-sells-30000-shares-3.html.

About Yext

Yext, Inc provides a knowledge engine platform that lets businesses manage their digital knowledge in the cloud in North America and Europe. The company offers Yext Knowledge Engine, a cloud-based global platform that enables businesses to control and manage their digital knowledge and make it available through its PowerListings Network of approximately 150 third-party maps, apps, search engines, intelligent GPS systems, digital assistants, vertical directories, and social networks.

See Also: What is an investor looking for in an SEC filing?

Insider Buying and Selling by Quarter for Yext (NYSE:YEXT)

Receive News & Ratings for Yext Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yext and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Qiwi PLC  Expected to Post Earnings of $0.31 Per Share
Qiwi PLC Expected to Post Earnings of $0.31 Per Share
Solaris  Hits Market Capitalization of $1.14 Million
Solaris Hits Market Capitalization of $1.14 Million
$1.37 Billion in Sales Expected for Caci International Inc  This Quarter
$1.37 Billion in Sales Expected for Caci International Inc This Quarter
TokenStars Trading 26.8% Higher  This Week
TokenStars Trading 26.8% Higher This Week
Akoustis Technologies Inc  Expected to Post Earnings of -$0.25 Per Share
Akoustis Technologies Inc Expected to Post Earnings of -$0.25 Per Share
Selfkey  24-Hour Trading Volume Hits $967,433.00
Selfkey 24-Hour Trading Volume Hits $967,433.00


© 2006-2019 Ticker Report